Thursday

April 17, 2014

April 17, 2014

Posted by **Maddie** on Wednesday, November 12, 2008 at 6:41pm.

- Mathematics -
**drwls**, Wednesday, November 12, 2008 at 7:35pm296 = 250 [1 + (I/100)/26]

where I is the interest rate in %

296/250 = 1.184 = [1 + (I/100)*(1/26)]

I/2600 = 0.184

I = 478%

**Related Questions**

maths - Marie can afford a $250 per month car payment. She’s found a 5 year loan...

math - Refer to the following list of closing costs for purchase of a $ 175,000...

math - Refer to the following list of closing costs for purchase of a $ 175,000 ...

math - Refer to the following list of closing costs for purchase of a $ 175,000 ...

math - Joe is getting ready to buy a car. He has $20,000 in investments earning...

Finance - You have arranged for a loan on your new car that will require the ...

Math - hollis is paying off 2 student loans. One loan charges 7% interest, per ...

Algebra - This assignment is about a car loan. A financial institution in your ...

Finance - Can anyone explain to me how to use this formula? Cost of failing to ...

U.S. and Global Economics - The owner of a flower shop needs a short-term loan ...